For Sale · Office

2ND/3RD - 481-483 CHURCH STREET, Toronto (Church-Yonge Corridor)

2ND/3RD - 481-483 CHURCH STREET, Toronto (Church-Yonge Corridor), ON M4Y2C6

Price on request

3,261 SF

Asset Class

Office

Size

3,261 SF

Building class

B

Zoning

CB2 — Central Business

$ / SF

—

Occupancy

88%

About this property

Make Your Mark At Centre Ice On Church Street! This Distinctive Second And Third-Floor Space Blends Character And Versatility, Featuring Exposed Brick, a Glass-Enclosed Boardroom, Kitchenette, and Private Patio. This Unique Space Offers Endless Possibilities For Dance And Fitness Studios, Wellness Concepts, Creative Businesses, Educational Uses, Professional Offices, or Select Retail. Just Steps From Wellesley Subway Station And Toronto Metropolitan University, This Prime Downtown Location Offers Exceptional Accessibility And An Inspiring Setting For Your Next Venture. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$74K

Annual cash flow

$-10K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Summit Trades Supply2,873 SF2031-04

Area demographics

Trade area within 3 miles of the property.

Population

115,077

Households

39,715

Median income

$109,000

Median age

32.3

Daytime population

132,573

5-yr growth

7.3%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 2ND/3RD - 481-483 CHURCH STREET, Toronto (Church-Yonge Corridor).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.